Bitcoin's current trend is like playing psychological warfare—around the 90000 level, both bulls and bears are repeatedly tugging, and neither wants to be the first to let go. Interestingly, the trading volume has remained lukewarm, clearly indicating that the market is waiting for some key external signal to break the deadlock.
The current market should be approached within a range. On the downside, consider moderately buying around 88500 to 89000, with 87500 as a defensive level. The target on the upside is between 90500 and 91500. If it reverses and pushes towards 92000 but the volume can't keep up, be cautious of the risk of a false breakout crashing down. Remember, a truly strong market trend will be accompanied by increased trading volume and structural breakouts. Before these signals appear, do not interpret fluctuations up and down as a one-sided trend.
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AirdropGrandpa
· 9h ago
Don't chase blindly when the volume doesn't match; this wave is testing who can endure more...
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GateUser-75ee51e7
· 9h ago
If the trading volume can't pick up, it's a trap. Around 88500, there are many ambush points for the bulls and no losses, but really don't chase the high.
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SigmaBrain
· 9h ago
Another market where the price and volume don't match. What's the point of messing around? Just wait for the signal.
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GasFeeTherapist
· 9h ago
The trading volume isn't following along and you're just pretending to break through again. Alright, I'll just watch you all perform quietly.
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MetaverseVagabond
· 9h ago
Will 88500 really be reached? Feels like we should wait a bit longer.
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Without increasing trading volume, it's all fake. Don't be scared by a liquidation scare.
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After playing psychological warfare for so long, it feels like the market is exhausted.
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Be really careful with the false breakout at 92000, or you'll get caught again.
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Range trading sounds simple, but in practice, anyone can be shaken out.
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Waiting for external signals? It feels like the signals haven't arrived yet, and the market has already reversed.
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The 90000 level is being held too tightly; once broken through, it gets pushed back again.
Bitcoin's current trend is like playing psychological warfare—around the 90000 level, both bulls and bears are repeatedly tugging, and neither wants to be the first to let go. Interestingly, the trading volume has remained lukewarm, clearly indicating that the market is waiting for some key external signal to break the deadlock.
The current market should be approached within a range. On the downside, consider moderately buying around 88500 to 89000, with 87500 as a defensive level. The target on the upside is between 90500 and 91500. If it reverses and pushes towards 92000 but the volume can't keep up, be cautious of the risk of a false breakout crashing down. Remember, a truly strong market trend will be accompanied by increased trading volume and structural breakouts. Before these signals appear, do not interpret fluctuations up and down as a one-sided trend.